The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing (29 - 30) Manufacture for transport equipment 29.3 - Manufacture of motor vehicle parts and accessories 29.3 - Manufacture of motor vehicle parts and accessories
200 jobs Number of planned job creations
Announcement Date
22 January 2007
Employment effect (start)
Foreseen end date
31 December 2007
Description
Schneider & Oechsler International SRL announced its intention to complete construction work at the new plant manufacturing parts and accessories for motor vehicles at Lipova (Arad County, West Region) by the end of 2007. The value of the investment is estimated at over EUR 10 million. The new plant will create approximately 200 new jobs in the first stage.
Sources
23 January 2007: Ziarul Financiar
Citation
Eurofound (2007), Schneider & Oechsler International SRL, Business expansion in Romania, factsheet number 64829, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/64829.